Demand for Yen stablecoins is ‘only a matter of time’ — Brad Garlinghouse

“[Crypto] is a trend that has barely started — money is the easiest application and the Bitcoin use case started there,” said Bank of America. 1230 Total views 15 Total shares The Bank of America Corporation (BoA) has published a research report offering a bullish outlook for the long-term prospects of cryptocurrency.The report, published on…

Three Arrows Capital co-founder Kyle Davies called it a “shadow recovery process” during a July 3 Twitter Spaces. The co-founders of collapsed crypto hedge fund Three Arrows Capital (3AC) have pledged to donate a portion of earnings from their newest crypto venture to creditors who lost money in the fund’s 2022 collapse.In a July 3…

46-year-old New York resident Patrick McDonnell admitted to stealing funds obtained from his clients instead of investing them in cryptocurrency, Bloomberg reports on June 21.Per the report, McDonnell — who calls himself the “coyote of Wall Street” — pleaded guilty to wire fraud on Friday in federal court in Brooklyn. He allegedly declared:“I claimed to…

The U.S. Justice Department has published another report on crypto crime with detailed recommendations for legal reform; it has also formed a network of experts to advise offices. 133 Total views 11 Total shares The United States Department of Justice (DOJ) published its latest report in response to President Joe Biden’s March executive order (EO)…

The mining equipment firm, scheduled to go public via Nasdaq later today, is preparing for a massive expansion. 663 Total views 20 Total shares Major Chinese Bitcoin (BTC) mining equipment maker Ebang, which is reportedly getting listed on Nasdaq Global Market later today, is planning to expand its business by setting up a cryptocurrency exchange…

Over the course of approximately 12 years, Bitcoin (BTC) went from the status as a little-known experiment to trading as an entirely new class of asset recognized by the mainstream financial world. In that time, the price of one Bitcoin has gone from less than $1, all the way up past $60,000 at its peak. People…

No one seems very interested in Bitcoin despite BTC/USD being barely 15% from all-time highs. 1088 Total views 21 Total shares Bitcoin (BTC) saw a widely-anticipated pullback on Oct. 13 as bulls struggled with February's old all-time highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysts unfazed by BTC price pullbackData from Cointelegraph Markets Pro and TradingView showed…

Among all the issues cropping up in Facebook's recent hearing in the United States Congress regarding its new Libra cryptocurrency, the matter of location was perhaps the thorniest. Testifying before various banking and financial committees, Libra co-creator David Marcus was repeatedly questioned as to why Facebook had decided to establish the subsidiary behind its newfangled…

An increasing number of traders entering new long positions was the "fuel” behind Bitcoin’s slump to $60,000, according to a Bitcoin analyst Willy Woo.